EagleTribune.com, North Andover, MA


June 24, 2014

Finegold sprints to lead in money race for treasurer

BOSTON - State Sen. Barry Finegold, D-Andover, finished third among Democrats vying for an endorsement for treasurer at the party's state convention, but the veteran Andover lawmaker leads the money race.

Finegold had nearly $514,524 cash in his campaign account as of June 15, according to filings with the state Office of Campaign and Political Finance.

Former Brookline selectwoman Deborah Goldberg, a Democrat, had $104,000, according to the most recent filings, and Rep. Thomas Conroy, D-Wayland, had about $64,000.

Republican Mike Heffernan, who faces the winner of the three-way Democratic primary, had $89,734.

The state’s current treasurer, Democrat Steven Grossman, is running for governor.

At the Democratic convention in Worcester on June 14, Goldberg topped the balloting for the party's official endorsement with 39 percent of the vote, followed by Conroy with 34 percent. Finegold finished third with 27 percent, but it was still above the 15 percent required to put his name on the primary ballot.

Voters will ultimately decide the party's choice for treasurer, in the Sept. 9 primary election.

A recent poll suggests the race is wide open. A Suffolk University/Boston Herald survey of 800 likely voters from June 4 through 7 found about 74 percent who said they are undecided. Among the rest, 10.7 percent were going for Goldberg, 8.4 percent for Finegold and 4.4 percent for Conroy.

The treasurer’s job, which pays $127,916 a year, oversees about 100 employees and a budget of nearly $9.3 million, the state lottery as well as employee retirement, school construction, cash and borrowing programs. The treasurer also heads a board that manages state pension funds.

Unlike the governor's race, the campaign for treasurer is generally a low-key affair that doesn't garner much money or attention.

In 2010, Grossman collected $1.8 million in the race against Republican Karyn Polito, who collected about $1 million, according to the campaign finance office. All three candidates in the race raised $3.4 million.

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